Know Your American Customer Act

The bill titled "To amend title 31, United States Code, to require certain financial institutions to verify the citizenship and legal status of individuals, and for other purposes," designated as H.R. 8836 in the 119th Congress and introduced on May 14, 2026, aims to mandate specific financial institutions to verify the citizenship and legal status of individuals. The bill likely includes provisions outlining the verification process and may introduce additional requirements for compliance.